Golden Ebit vs Net Interest Income Analysis
GSUN Stock | USD 2.97 0.05 1.71% |
Golden Sun financial indicator trend analysis is much more than just examining Golden Sun Education latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Golden Sun Education is a good investment. Please check the relationship between Golden Sun Ebit and its Net Interest Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Sun Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Ebit vs Net Interest Income
Ebit vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Golden Sun Education Ebit account and Net Interest Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Golden Sun's Ebit and Net Interest Income is 0.67. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Golden Sun Education, assuming nothing else is changed. The correlation between historical values of Golden Sun's Ebit and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Golden Sun Education are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Ebit i.e., Golden Sun's Ebit and Net Interest Income go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Ebit
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most indicators from Golden Sun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Golden Sun Education current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Sun Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At this time, Golden Sun's Discontinued Operations is very stable compared to the past year. As of the 29th of November 2024, Sales General And Administrative To Revenue is likely to grow to 1.05, while Tax Provision is likely to drop about 117 K.
2023 | 2024 (projected) | Depreciation And Amortization | 428.6K | 234.6K | Discontinued Operations | 983.3K | 1.0M |
Golden Sun fundamental ratios Correlations
Click cells to compare fundamentals
Golden Sun Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Golden Sun fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 17.4M | 6.6M | 23.4M | 19.4M | 22.4M | 17.8M | |
Short Long Term Debt Total | 7.3M | 2.4M | 3.4M | 4.8M | 4.3M | 3.9M | |
Other Current Liab | 15.1M | 935.2K | 2.4M | 2.6M | 2.4M | 4.0M | |
Total Current Liabilities | 19.0M | 12.6M | 12.6M | 10.8M | 9.7M | 11.2M | |
Total Stockholder Equity | (7.1M) | (7.6M) | 8.8M | 4.4M | 5.1M | 5.3M | |
Property Plant And Equipment Net | 5.4M | 374.6K | 344.0K | 1.7M | 1.5M | 1.7M | |
Current Deferred Revenue | 10.0M | 6.3M | 4.4M | 4.0M | 3.6M | 5.4M | |
Net Debt | 4.1M | 1.2M | (17.0M) | (1.8M) | (1.6M) | (1.7M) | |
Retained Earnings | (8.5M) | (6.8M) | (9.0M) | (14.8M) | (13.4M) | (14.0M) | |
Accounts Payable | 48.8K | 210.8K | 665.4K | 974.3K | 1.1M | 601.9K | |
Cash | 3.2M | 1.2M | 20.3M | 6.6M | 7.5M | 7.6M | |
Non Current Assets Total | 12.3M | 1.1M | 1.3M | 7.4M | 6.7M | 5.1M | |
Non Currrent Assets Other | 11.5M | 732.7K | 978.9K | 473.4K | 426.0K | 404.7K | |
Long Term Debt | 5.8M | 1.7M | 2.1M | 3.3M | 3.0M | 3.0M | |
Cash And Short Term Investments | 3.2M | 1.2M | 20.3M | 6.6M | 7.5M | 7.6M | |
Net Receivables | 161.5K | 672.5K | 745.9K | 477.9K | 549.6K | 546.3K | |
Liabilities And Stockholders Equity | 17.4M | 6.6M | 23.4M | 19.4M | 22.4M | 17.8M | |
Non Current Liabilities Total | 5.8M | 1.7M | 2.1M | 4.3M | 3.8M | 3.2M | |
Other Current Assets | 3.8M | 3.0M | 1.0M | 4.9M | 5.6M | 3.0M | |
Total Liab | 24.8M | 14.3M | 14.7M | 15.1M | 13.6M | 14.4M | |
Net Invested Capital | 1.3M | (4.5M) | 12.2M | 7.8M | 9.0M | 9.4M | |
Short Long Term Debt | 2.6M | 1.4M | 1.2M | 48.8K | 43.9K | 41.7K | |
Total Current Assets | 5.1M | 5.5M | 22.1M | 12.1M | 13.9M | 10.8M | |
Accumulated Other Comprehensive Income | (248.9K) | (819.3K) | 146.4K | (214.0K) | (246.1K) | (258.4K) | |
Net Working Capital | (13.9M) | (7.0M) | 9.5M | 1.2M | 1.4M | 1.5M | |
Short Term Debt | 294.0K | 2.9M | 1.2M | 600.2K | 540.1K | 513.1K |
Pair Trading with Golden Sun
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Golden Sun position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Golden Sun will appreciate offsetting losses from the drop in the long position's value.Moving together with Golden Stock
Moving against Golden Stock
0.88 | DAO | Youdao Inc | PairCorr |
0.83 | QSG | QuantaSing Group | PairCorr |
0.72 | TAL | TAL Education Group | PairCorr |
0.69 | GHC | Graham Holdings | PairCorr |
0.6 | JZ | Jianzhi Education | PairCorr |
The ability to find closely correlated positions to Golden Sun could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Golden Sun when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Golden Sun - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Golden Sun Education to buy it.
The correlation of Golden Sun is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Golden Sun moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Golden Sun Education moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Golden Sun can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Sun Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Sun. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Sun listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.74) | Earnings Share (2.01) | Revenue Per Share 3.258 | Quarterly Revenue Growth 0.051 | Return On Assets (0.11) |
The market value of Golden Sun Education is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Sun's value that differs from its market value or its book value, called intrinsic value, which is Golden Sun's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Sun's market value can be influenced by many factors that don't directly affect Golden Sun's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Sun's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Sun is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Sun's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.